在激烈的市场竞争中，任何一家企业都有出现财务危机的可能。如果危机不能及时发现和有效化解，会使企业的生存陷于困境，同时，也会给关联企业及其他债权人和银行造成巨大损失，从而引发连锁反应和恶性循环，对整个宏观经济环境造成恶劣的影响。而宏观经济环境的恶化又会反过来加剧企业财务危机的恶化。因而，如果能够提早发现财务危机的征兆，采取相应措施进行防范，无疑可以大大提高企业抵御风险的能力，为企业减少损失。因此，对企业财务危机的预警和防范研究，无论是对企业的生存和发展，还是对整个经济环境的改善都有重大意义。为此，本文在分析国内外相关研究现状之基础上，综合运用企业风险管理、预警管理及综合评价等理论与方法，对企业财务危机预警防范问题进行了研究。主要的研究工作和成果为： 首先，分析了企业财务危机的特征、总结提出了企业财务危机产生的的原因及早期征兆，并以鱼刺图的形式将其原因直观的表现出来，为企业财务危机评价指标体系的建立奠定了一定基础。 其次，建立了由偿债能力、营运能力、盈利能力和发展能力四个方面、十三个指标构成的企业财务危机评价指标体系，采用集值统计原理确定出了评价指标的权重，在此基础上构建了企业财务危机预警的多层次评价模型。 第三，针对财务危机产生的原因及其危机评价，提出了防范企业财务危机的制度性和技术性措施。 最后，用一个实际例子对评价模型进行了验证，得出了较为满意的结果，并针对企业财务存在的问题给出了相应的防范措施。

Any enterprise is liable to encounter financial crisis in a competitive world. The enterprise would fall into difficult position if the crisis cannot be detected punctually and released effectively. The financial problem in a business would often cause great loss to the relative enterprises, even the same counsequence to the other business; meanwhile, tromendous demages would be brought about to other creditors and banks; furtuer more, chain reaction and vicious circle would be caused, the whole macroeconomy would be badly affeced. Worsely, the defertoriation of macroeconomy in return would intensify the financial problem.Therefore, the ability to resist risks would be greatly improved if the omen would be early discovered and some anti-measures would be taken. In a word, the study of early-warning to the economic problem is of significance to whether the development and survival of an enterprise or the improvement of the whole economic environment. First, the feature, the causes and early omens of financial crisis are depicted，and these causes to the financial crisis are shown by fish-bone chart clearly. Secondly, the early-warning pattern to financial crisis was set up in this parts.by four aspects and thirteen indexes. Four sides include stable ability, operational ability, profitability and developmental ability. Thirdiy, the institutional measures and technical measures which aimed at causes to financial crisis were proposed in this part. Finally, a virtual case was employed to test and verify the evaluation pattern, and a satisfying result was achieved. Meanwhile, some precaution measures were provided to those problems involved in enterprise finance.